Category Archives: Credit

New bonus categories for Q2 2016

It is now the first day of Q2 2016, and there are new bonus categories for Discover and Chase.

Chase Freedom

5% cashback on up to $1,500 in purchases at grocery stores (excluding Target and Walmart) and Warehouse stores (like BJs or Sam’s Club)

Discover, Discover it

5% cashback on up to $1,500 in purchases at Restaurants and Move Theaters.

In other news, the Costco Visa card from Citi is looking like it will be a great cashback card – 4% on gas (up to $7,000 per year), 3% on travel and restaurants, 2% on Costco purchases, and 1% on everything else. We’ll have more info on this card once it launches in June.

Children Should Know The Cost Of Borrowing

Where I Came From

mother-child 2

When I was a child my parents were fiscally responsible.  They paid their bills, avoided debt, and conserved wherever they could. Despite having an average income they were able to eventually pay off their mortgage and gain some financial independence.

You may think this translated into a child who also had good financial habits, but unfortunately for me, that isn’t the case.  I struggled with excessive debt and poor budgeting well into my 20s.

During many of the most difficult times I found myself wondering exactly how I got into such a mess.  The answer came to me many years later. I had to have a few close calls with disaster, stand on the brink of financial ruin, and talk to a lot of smart people before I became open minded enough to really look for a solution.

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